Financial Analysis of Cardiac Rehabilitation and the Impact of COVID-19. Issue 5 (September 2021)
- Record Type:
- Journal Article
- Title:
- Financial Analysis of Cardiac Rehabilitation and the Impact of COVID-19. Issue 5 (September 2021)
- Main Title:
- Financial Analysis of Cardiac Rehabilitation and the Impact of COVID-19
- Authors:
- Melbostad, Heidi S.
Savage, Patrick D.
Mahoney, Katharine
Gaalema, Diann E.
Ades, Philip A.
Shepard, Donald S. - Abstract:
- Abstract : Purpose: Provision of phase 2 cardiac rehabilitation (CR) has been directly impacted by coronavirus disease-19 (COVID-19). Economic analyses to date have not identified the financial implications of pandemic-related changes to CR. The aim of this study was to compare the costs and reimbursements of CR between two periods: (1) pre-COVID-19 and (2) during the COVID-19 pandemic. Methods: Health care costs of providing CR were calculated using a microcosting approach. Unit costs of CR were based on staff time, consumables, and overhead costs. Reimbursement rates were derived from commercial and public health insurance. The mean cost and reimbursement/participant were calculated. Staff and participant COVID-19 infections were also examined. Results: The mean number of CR participants enrolled/mo declined during the pandemic (−10%; 33.8 ± 2.0 vs 30.5 ± 3.2, P = .39), the mean cost/participant increased marginally (+13%; $2897 ± $131 vs $3265 ± $149, P = .09), and the mean reimbursement/participant decreased slightly (−4%; $2959 ± $224 vs $2844 ± $181, P = .70). However, these differences did not reach statistical significance. The pre-COVID mean operating surplus/participant ($62 ± $140) eroded into a deficit of −$421 ± $170/participant during the pandemic. No known COVID-19 infections occurred among the 183 participants and 14 on-site staff members during the pandemic period. Conclusions: COVID-19-related safety protocols required CR programs to modify serviceAbstract : Purpose: Provision of phase 2 cardiac rehabilitation (CR) has been directly impacted by coronavirus disease-19 (COVID-19). Economic analyses to date have not identified the financial implications of pandemic-related changes to CR. The aim of this study was to compare the costs and reimbursements of CR between two periods: (1) pre-COVID-19 and (2) during the COVID-19 pandemic. Methods: Health care costs of providing CR were calculated using a microcosting approach. Unit costs of CR were based on staff time, consumables, and overhead costs. Reimbursement rates were derived from commercial and public health insurance. The mean cost and reimbursement/participant were calculated. Staff and participant COVID-19 infections were also examined. Results: The mean number of CR participants enrolled/mo declined during the pandemic (−10%; 33.8 ± 2.0 vs 30.5 ± 3.2, P = .39), the mean cost/participant increased marginally (+13%; $2897 ± $131 vs $3265 ± $149, P = .09), and the mean reimbursement/participant decreased slightly (−4%; $2959 ± $224 vs $2844 ± $181, P = .70). However, these differences did not reach statistical significance. The pre-COVID mean operating surplus/participant ($62 ± $140) eroded into a deficit of −$421 ± $170/participant during the pandemic. No known COVID-19 infections occurred among the 183 participants and 14 on-site staff members during the pandemic period. Conclusions: COVID-19-related safety protocols required CR programs to modify service delivery. Results demonstrate that it was possible to safely maintain this critically important service; however, CR program costs exceeded revenues. The challenge going forward is to optimize CR service delivery to increase participation and achieve financial solvency. Abstract : Supplemental Digital Content is Available in the Text.The aim of this study was to compare the costs and reimbursement of cardiac rehabilitation between two periods: (1) pre-COVID-19 and (2) during the COVID-19 pandemic. Results demonstrate that it was possible to safely maintain this critically important service at our center despite increased costs. … (more)
- Is Part Of:
- Journal of cardiopulmonary rehabilitation and prevention. Volume 41:Issue 5(2021)
- Journal:
- Journal of cardiopulmonary rehabilitation and prevention
- Issue:
- Volume 41:Issue 5(2021)
- Issue Display:
- Volume 41, Issue 5 (2021)
- Year:
- 2021
- Volume:
- 41
- Issue:
- 5
- Issue Sort Value:
- 2021-0041-0005-0000
- Page Start:
- Page End:
- Publication Date:
- 2021-09
- Subjects:
- cardiac rehabilitation -- cost -- COVID-19 -- reimbursement
Cardiopulmonary system -- Diseases -- Patients -- Rehabilitation -- Periodicals
Cardiopulmonary system -- Diseases -- Prevention -- Periodicals
616.103 - Journal URLs:
- http://www.jcrjournal.com ↗
http://gateway.ovid.com/ovidweb.cgi?T=JS&MODE=ovid&PAGE=toc&D=ovft&AN=01273116-000000000-00000 ↗
http://journals.lww.com/cptj/pages/default.aspx ↗
http://journals.lww.com ↗ - DOI:
- 10.1097/HCR.0000000000000643 ↗
- Languages:
- English
- ISSNs:
- 1932-7501
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 4954.864550
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 24932.xml